Pendle (PENDLE) is a prominent decentralized finance (DeFi) protocol that enables users to tokenize and trade future yield. Its native token, PENDLE, plays a central role in governance and platform operations. Understanding its market performance, historical trends, and potential future trajectory is essential for informed decision-making in the dynamic cryptocurrency landscape.
This analysis provides a comprehensive overview of Pendle's current market status, historical price data, and expert projections, offering valuable insights for investors and enthusiasts alike.
Real-Time Pendle (PENDLE) Market Data
Staying updated with the latest market metrics is crucial for tracking any digital asset's performance. Here is a snapshot of Pendle's key statistics.
Current PENDLE Price Information
As of the latest data, Pendle (PENDLE) is trading at approximately $97.78. The 24-hour trading volume stands at $70.11 million, indicating robust market activity. The token's market capitalization is currently valued at $16.09 billion, accounting for roughly 0.026% of the total cryptocurrency market.
- 24h High: $104.95
- 24h Low: $96.45
- 24h Price Change: -6.30%
PENDLE Market Capitalization and Supply
Market cap and tokenomics provide insight into a project's valuation and circulating supply dynamics.
- Circulating Supply: 164.63 million PENDLE
- Total Supply: 281.52 million PENDLE
- Max Supply: 281.52 million PENDLE
- Market Cap / Fully Diluted Valuation (FDV) Ratio: 58.48%
- Current Market Sentiment: Neutral
Historical Performance of Pendle (PENDLE)
Analyzing past price movements helps contextualize current valuations and identify potential trends.
Pendle's price has experienced significant fluctuations across different time frames. Over the past hour, the price saw a minor increase of 0.29%. However, looking at broader windows reveals a different picture, with a decrease of 6.30% in the last 24 hours and a 2.06% drop over the past week.
The monthly and yearly views show more pronounced corrections, with declines of 22.74% and 18.45%, respectively. This volatility is characteristic of the broader crypto market and underscores the importance of a long-term perspective.
| Time Frame | Price Change | Percentage Change |
|---|---|---|
| 1 Hour | +$0.2827 | +0.29% |
| 24 Hours | -$6.57 | -6.30% |
| 7 Days | -$2.05 | -2.06% |
| 30 Days | -$28.78 | -22.74% |
| 1 Year | -$22.12 | -18.45% |
Pendle (PENDLE) Price Predictions
Future price projections are based on technical analysis, market cycles, and fundamental growth potential within the DeFi sector. It is vital to remember that all forecasts are speculative and should not be considered financial advice.
Long-term models suggest a potential for growth, though prices are expected to remain volatile. Predictions indicate a possible average price around $97.55 for 2025. Looking further ahead, some optimistic models project values could reach significantly higher levels by 2035, reflecting confidence in the protocol's utility and adoption.
These projections are highly dependent on overall market conditions, regulatory developments, and the success of the Pendle protocol itself. 👉 Explore more strategies for evaluating crypto assets
| Year | Low | High | Average | Projected Change |
|---|---|---|---|---|
| 2025 | $65.35 | $115.11 | $97.55 | -- |
| 2026 | $63.79 | $115.90 | $106.33 | +8.00% |
| 2027 | $82.22 | $162.22 | $111.11 | +13.00% |
| 2028 | $124.37 | $196.80 | $136.67 | +39.00% |
| 2029 | $113.38 | $175.07 | $166.74 | +70.00% |
| 2030 | $145.27 | $237.56 | $170.90 | +74.00% |
| 2031 | $126.62 | $302.26 | $204.23 | +108.00% |
| 2032 | $195.00 | $329.22 | $253.25 | +158.00% |
| 2033 | $189.30 | $311.62 | $291.24 | +197.00% |
| 2034 | $229.09 | $418.99 | $301.43 | +208.00% |
| 2035 | $306.18 | $475.48 | $360.21 | +268.00% |
Frequently Asked Questions
What is Pendle (PENDLE) used for?
Pendle is a DeFi protocol that allows users to separate future yield from underlying assets, creating tradable tokens. The PENDLE token is used for governance, allowing holders to vote on proposals that dictate the protocol's future development and fee structures.
How is the price of PENDLE determined?
Like most cryptocurrencies, PENDLE's price is primarily determined by supply and demand on various exchanges. Factors influencing this include overall market sentiment, the growth and adoption of the Pendle protocol, developments in the DeFi sector, and broader economic conditions.
Where can I securely track PENDLE's price?
You can monitor PENDLE's real-time price, chart history, and key metrics on numerous major cryptocurrency data aggregators and exchanges. Always ensure you are using a reputable platform for the most accurate and up-to-date information. 👉 View real-time market tracking tools
Are long-term price predictions for PENDLE reliable?
While analytical models provide a data-informed outlook, long-term crypto price predictions are inherently speculative. They are based on current assumptions and can be drastically affected by unforeseen market events, regulatory changes, or technological shifts. They should be used as one of many research tools, not a guarantee.
What does 'Market Cap / FDV Ratio' indicate?
This ratio compares the current market capitalization (based on circulating supply) to the fully diluted valuation (based on max supply). A ratio below 100% means more tokens will be released into circulation, which could potentially exert downward pressure on the price if demand doesn't increase proportionately.
What is the best way to manage risk with volatile assets like PENDLE?
The cornerstone of managing risk is thorough research and a clear investment strategy. This often includes diversifying your portfolio, only investing what you can afford to lose, understanding the project's fundamentals, and considering both short-term volatility and long-term potential.